The Prosperity Choice

Advocates of policies designed to regulate CO2 tend to invoke the precautionary principle – that is, even if something incredibly horrible is not really happening, preparing for this horror is something worth doing, because the consequences of preparation for nothing are less than the consequences of doing nothing and having the worst scenarios actually come to pass.

This position rests on two fundamental assumptions, regulating CO2 helps the economy more than it hurts the economy, and regulating CO2 would actually have a positive impact on global climate trends. But there is an alternative version of environmentalism that would argue against this, and make the following claims:

(1) CO2 regulations will cause grievous harm to the U.S. and global economy and will trample upon the freedom of individuals and nations.

(2) Imposing CO2 regulations will do nothing to mitigate alleged harmful trends in global climate.

(3) Humanity is poised at the brink of unprecedented prosperity and CO2 regulations will create a tyrannical global order of rationing and arbitrary power that will rob humanity of this positive destiny.

In support of these positions, especially the third – that we are poised at the brink of unprecedented abundance and prosperity, are three articles:

The Abundance Choice – Abundance is a choice, and it is a choice the privileged elite must make – in order for humanity to achieve abundance, the elites must accept the competition of disruptive technologies, the competition of emerging nations, and a vision of environmentalism that […] Read More